Investors Shrug Off Vietnam Manipulator Status as Biden Eyed
- U.S. names Vietnam as currency manipulator in Trump finale
- More trade tension may be unlikely under new administration
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Traders in Vietnamese assets aren’t likely to be ruffled by the U.S. Treasury’s move to designate the Asian nation a currency manipulator.
The Vietnamese dong traded little changed at 23,124 per dollar as of 10:56 a.m. in Hanoi on Thursday after the Trump administration’s final foreign-exchange policy report. The benchmark stock index pared its loss to 0.5% after falling more than 1% earlier.